TSMC Plans to Sell 8.1% Stake in GlobalWafers

TSMC announced on May 15, 2024, its plan to sell up to 152 million shares of GlobalWafers Co., Ltd., representing approximately 8.1% of the company's outstanding equity. The sale will be conducted through block trades, targeting financial investment institutions. This divestment is part of TSMC's strategy to focus resources on its core business and will not affect the ongoing strategic cooperation, including silicon interposer foundry services and GaN process technology licensing. Following the sale, TSMC's shareholding in GlobalWafers is expected to decrease from about 27.1% to approximately 19%. TSMC has not held a board seat at GlobalWafers since June 2024 and has no further plans to sell its stake in the foreseeable future.
Corporate FinanceNQ 50/100出典:PR Times

📋 Article Processing Timeline

  • 📰 Published: May 16, 2026 at 12:57
  • 🔍 Collected: May 16, 2026 at 12:57 (0 min after Published)
  • 🤖 AI Analyzed: May 16, 2026 at 14:47 (1h 50m after Collected)
Report Date: 2026/05/16
Announcement Date: 2026/05/15
Announcement Time: 15:15:47
Company Code: 2330
Company Name: TSMC
Subject: TSMC plans to sell 8.1% stake in GlobalWafers
Compliance Clause: Clause 51
Date of Event: 2026/05/15
Explanation:
1. Date of Event: 2026/05/15
2. Company Name: Taiwan Semiconductor Manufacturing Company, Limited
3. Relationship with Company (Enter 'Parent Company' or 'Subsidiary'): Parent Company
4. Proportion of Cross-Shareholding: Not applicable
5. Reason for Occurrence: Not applicable
6. Countermeasures: Not applicable
7. Other Matters to be Noted (If the entity initiating the event or resolution is a public offering company or above, this major information also meets the criteria of Article 7, Paragraph 9 of the Enforcement Rules of the Securities Transaction Act regarding matters that have a significant impact on shareholder equity or security prices):
TSMC announced today (May 15) its plan to sell ordinary shares of GlobalWafers Co., Ltd. The number of shares to be sold will not exceed 152 million, representing approximately 8.1% of GlobalWafers' outstanding share capital. TSMC plans to execute this sale through block trades, with financial investment institutions as the intended buyers.

This share sale plan will not affect the strategic cooperation relationship between TSMC and GlobalWafers, including the commissioning of GlobalWafers for silicon interposer production and the licensing of Gallium Nitride (GaN) process technology from the company. This share sale plan is part of TSMC's strategy to focus resources on its core business. As of June 2024, TSMC no longer holds a board seat in GlobalWafers.

On a fully diluted basis, TSMC currently holds approximately 27.1% of GlobalWafers' shares. After this sale, TSMC's expected shareholding in GlobalWafers will decrease to approximately 19%. TSMC has no plans for further divestment of its shares in the company in the foreseeable future.

FAQ

What is TSMC planning to do with its shares in GlobalWafers?

TSMC plans to sell up to 152 million shares of GlobalWafers, which is about 8.1% of GlobalWafers' outstanding shares.

How will the sale be conducted?

The sale will be executed through block trades, with financial investment institutions as the intended buyers.

Will this sale affect the business relationship between TSMC and GlobalWafers?

No, the sale will not impact the strategic cooperation between TSMC and GlobalWafers, including foundry services for silicon interposers and GaN process technology licensing.

Why is TSMC selling these shares?

TSMC is selling the shares as part of its plan to focus resources on its core business.

What will be TSMC's remaining stake in GlobalWafers after the sale?

TSMC's stake is expected to decrease from approximately 27.1% to about 19%.